Investing.com - Union Pacific (NYSE:UNP) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Union Pacific announced earnings per share of $2.57 on revenue of $5.86B. Analysts polled by Investing.com anticipated EPS of $2.56 on revenue of $5.67B.
Union Pacific shares are down 1% from the beginning of the year and are trading at $250.30 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Union Pacific shares gained 1.31% in pre-market trade the report.
Union Pacific follows other major Industrials sector earnings this month
Union Pacific's report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
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